Snow Peak says Bain-led management buyout to launch tender offer at 1,250 yen per share

Snow Peak

20/02/2024 07:11

TOKYO, Feb 20 (Reuters) - Japanese camping goods company
Snow Peak  7816.T  on Tuesday said a group led by Bain Capital
will launch a tender offer for its shares at 1,250 yen ($8.31)
apiece in a management buyout.
    Snow Peak will go private to rebuild its businesses, the
company said. 
    
    ($1 = 150.3600 yen)
    

 (Reporting by Kantaro Komiya; Editing by Tom Hogue)
 ((Kantaro.Komiya@thomsonreuters.com; Twitter: @kantarokomiya;))